Commercial Loan Processor

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Requirements:

• Proven experience as a commercial loan processor or in a similar role in the financial services industry.
• Strong knowledge of commercial lending products, underwriting procedures, and regulations.
• Proficiency in loan processing software and Microsoft Office Suite.
• Excellent analytical skills and attention to detail.
• Strong communication and interpersonal skills.
• Ability to manage multiple tasks and prioritize in a fast-paced environment.

Responsibilities:

• Review commercial loan applications for completeness and accuracy.
• Gather information from clients and third-party vendors.
• Verify borrower financial information such as income, assets, and creditworthiness.
• Collaborate with loan officers and underwriters to facilitate the underwriting process.
• Prepare loan documentation for closing, ensuring all conditions are met.
• Maintain communication with clients during the loan process, providing updates.
• Perform final reviews of loan files for compliance with regulations and policies.